Market Share of Embedded Insurance Industry
The embedded insurance market is moderately consolidated, with few players. Some major global players include Lemonade, Metromile, Slice, Hippo, and Root Insurance. In the study period, market players were also involved in mergers and acquisitions, and partnerships focused on expanding their presence in the market. The market is anticipated to present growth opportunities over the forecast period, which will ratchet up competition. Nonetheless, mid-size to smaller businesses are expanding their market presence by landing new contracts and breaking into untapped sectors thanks to product innovation and technology improvement.
Embedded Insurance Market Leaders
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Lemonade
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Metromile
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Slice
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Hippo
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Root Insurance
*Disclaimer: Major Players sorted in no particular order
